Question
1. The table has balance of payment data for the United States. a. What is the capital account balance? b. What is the official settlements
1. The table has balance of payment data for the United States.
a. What is the capital account balance?
b. What is the official settlements balance?
c. What is the current account balance?
d. What is the value of imports of goods and services?
Item U.S. investment abroad Exports of goods and services Net transfers Change in official reserves Net interest Foreign investment in the United States (billions of dollars) 400 1,000 0 10 0 800Step by Step Solution
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Essentials Of Applied Econometrics
Authors: Aaron D Smith, J Edward Taylor
1st Edition
0520288335, 9780520288331
